IINet (IIN) Resumes Trading – Biggest Loser on ASX

Submitted by Marco on 4 June, 2006 - 23:00

IINet (IIN) Stock Price Chart

IINet (IIN) is the loser for week 22 of 2006 with a 52 per cent loss after coming out of a six week suspension of trading on the Australian Stock Exchange (ASX). IINet closes the week at 80 cents. The company had been suspended from trading on 18 April, citing the need to identify clerical errors in revenue recognition.